GM to Invest $890 Million in Five Factories

April 27, 2010
Will keep 1,600 jobs

General Motors Co. says it will spend $890 million at five factories to upgrade its V-8 engines to make them more fuel efficient.

The automaker says the moves will preserve or create roughly 1,600 jobs at factories in Tonawanda, N.Y.; St. Catherines, Ontario; Bay City, Mich.; Bedford, Ind.; and Defiance, Ohio.

Spokesman Tom Wilkinson says the investments had been planned for a long time as GM tries to raise the fuel economy of its pickup trucks, sport utility vehicles and high-performance cars.

Factories in Tonawanda and St. Catherines will make the next generation V-8 engines with aluminum blocks and direct fuel injection, while the other plants will make components for the engines.

Copyright 2010 The Associated Press.

Popular Sponsored Recommendations

Goodridge Boosts Productivity & Saves Costs by Moving to the Cloud!

Dec. 4, 2023
With Infor's cloud solutions, Goodridge has been able to greatly increase overall productivity, cost savings, data visibility, and automation. This case study discusses the many...

Electric Vehicles Spark New Opportunities in the Automotive Industry

Dec. 4, 2023
Automakers have increased plans to produce Electric Vehicles to meet customer demand for low emissions. With this radical shift, new opportunities and challenges for the auto ...

What Is Your Smart Factory IQ?

Sept. 24, 2023
It’s time to put Smart, data-driven manufacturing operations to the test. In this comprehensive whitepaper we show you how to determine the Artificial Intelligence Quotient (AIQ...

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!